Nagarjuna Construction Company recently secured a major contract from the Govt. of Oman for the prestigious Wadi Adai Al Amerat Road project.
The project cost is estimated to be around Omani Riyals 56.54 million (Rs 5,700 million). The proposed 7.5 km road is to be completed in 18 months.
The project among others involves the construction of six new bridges of varying lengths, nine box culverts and one single lane bridge.
Shares of the company gained Rs 17.7, or 5.5%, to trade at Rs 339.7. The total volume of shares traded was 34,195 at the BSE. (10.36 a.m., Monday)
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